Best New Car Deals: June 2018

By

Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

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, Senior Pricing Analyst - June 5, 2018

We analyzed hundreds of new car deals to uncover the best discounts in June. In some cases, we’ve found savings worth up to $11,000 and automakers offering as much as $3,000 to get buyers to switch brands.

Here you’ll find the most noteworthy discounts on SUVs, cars and trucks. Stay tuned for our dedicated July Fourth holiday deal coverage later this month.

Best SUV Deals This Month

2018 Chevrolet Equinox
  • Best Deal: Up to $5,000 off MSRP
  • MSRP: From $24,575
  • Passenger Capacity: Up to 5
  • MPG (City/Hwy): 26/32
  • Expires: July 2, 2018

Why it's a great deal: It’s a great time to buy a 2018 Equinox with as much as $5,000 in available savings. The downside is that the discounts vary depending on which style you choose.

First, there’s $750 in down payment assistance when financing at non-promotional rates. Then, there’s a $2,500 bonus for anyone coming from a non-GM vehicle. That’s $3,250 off MSRP.

Next, Chevy is offering Supplier Pricing. On well-equipped styles, that can equate to $1,750 in savings. Altogether, that comes out to $5,000 in available discounts.

Where you can find this deal: These are national promotions. Get your custom quote »

2018 Ford Expedition
  • Best Deal: Up to $2,000 off MSRP
  • MSRP: From $36,980
  • Passenger Capacity: Up to 5
  • MPG (City/Hwy): Up to 33/30
  • Expires: July 9, 2018

Why it's a great deal: Discounts have surged to $2,000 on all versions of the Lexus NX. That's a big improvement from last month's $750 rebate and more than double the amount the brand is offering on the larger RX 350.

Interestingly, discounts favor buying vs. leasing when considering the fact that only $1,000 is available for leases. As usual, recent college grads and members of the military can get a $750 bonus when financing.

Where you can find this deal: This is a regional offer in Western States, but we're seeing similar offers elsewhere. Get your custom quote »

2018 Ford Expedition
  • Best Deal: Up to $3,250 off MSRP
  • MSRP: From $52,985
  • Passenger Capacity: Up to 8
  • MPG (City/Hwy): Up to 17/24
  • Expires: July 9, 2018

Why it's a great deal: This month, XL and XLT versions of the all-new Expedition are eligible for a $2,000 rebate plus a $1,250 bonus when financing at non-promotional rates. That’s $3,250 in savings, the most we've seen to date.

In contrast, Limited and Platinum versions are only eligible for a total of $1,000. That means entry-level Expeditions are eligible for more than triple the savings of the better-equipped styles.

Where you can find this deal: These are California promotions, but similar offers may be available in other parts of the country. Get your custom quote »

  • Best Deal: Up to $7,500 off MSRP
  • MSRP: From $48,795
  • Passenger Capacity: Up to 9
  • MPG (City/Hwy): Up to 16/23
  • Expires: June 11, 2018

Why it's a great deal: Through June 11, all Chevy Tahoes are eligible for a 10% discount. That's worth as much as $7,500 off MSRP in the case of a loaded Premier version.

Your other option is a choice between a $1,000 rebate or 3.9% financing for 60 months. Here, bargain hunters will undoubtedly save more money with the 10% offer.

Where you can find this deal: This is a national promotion. Get your custom quote »

Research all crossovers with the biggest rebates »

Research all SUVs with the biggest rebates »

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Best Car Deals This Month

2018 Chevrolet Cruze
  • Best Deal: Up to $5,000 off MSRP
  • MSRP: From $17,850
  • Passenger Capacity: Up to 5
  • MPG (City/Hwy): Up to 29/40
  • Expires: June 11, 2018

Why it's a great deal: If you’re looking to buy a 2018 Cruze sooner rather than later, there’s an early-month deal worth knowing about. Through June 11, Chevy is offering a flat 20% discount on LT models.

On well-equipped cars, that can equate to over $5,000 in savings off MSRP. That’s considerably better than this month’s standard rebate of just $2,000.

Where you can find this deal: This is a national promotion. Get your custom quote »

2018 Chevrolet Malibu
  • Best Deal: Up to $5,455 off MSRP
  • MSRP: From $22,555
  • Passenger Capacity: Up to 5
  • MPG (City/ Hwy): Up to 27/36
  • Expires: June 11, 2018

Why it's a great deal: Through June 11, the Malibu LT is eligible for a 20% discount off MSRP. Chevy says that’s worth up to $5,455 in savings, an impressive amount for a midsize car.

Your other option is $3,000 cash or 2.9% APR for 60 months plus a $1,000 bonus. With over $5,000 in savings on the line, LT shoppers have a deal worth getting excited about.

Where you can find this deal: These are national promotions. Get your custom quote »

2018 Toyota Avalon
  • Best Deal: Up to $5,000 off MSRP
  • MSRP: From $34,395
  • Passenger Capacity: Up to 5
  • MPG (City/Hwy): Up to 21/30
  • Expires: July 9, 2018

Why it's a great deal: Toyota has turned up the heat on Avalon discounts with the arrival of the completely redesigned 2019 Avalon, with up to a $5,000 rebate in some cities.

Interestingly, the Avalon may prove to be a smarter purchase than the Camry. That’s because in most parts of the country, the Camry features no rebates at all.

Next to an Avalon XLE, you may find prices for a new Camry XLE to be nearly identical depending on the sort of discount your dealer is willing to pass along.

Where you can find this deal: This is a regional offer you can find in places like Southern California. Get your custom quote »

  • Best Deal: Up to $11,000 off MSRP
  • MSRP: From $47,490
  • Passenger Capacity: Up to 5
  • MPG (City/Hwy): Up to 22/30
  • Expires: July 2, 2018

Why it's a great deal: The luxurious CTS features a confusing array of discounts to take advantage of. To start, there’s a $2,000 national cash incentive that’s available to everyone.

Next, there’s a $2,000 regional bonus and a $3,000 conquest offer for those coming from a competitor. Finally, Cadillac is offering $4,000 off specially-marked vehicles in stock at dealers.

To top it off, well-qualified buyers can combine the $11,000 in savings with 1.9% APR financing for 60 months.

Where you can find this deal: The $2,000 regional bonus can be found in California and Arizona. All other offers are available nationally. Get your custom quote »

Research all sedans with the biggest rebates »

Research all hatchbacks with the biggest rebates »

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Best Truck Deals This Month

  • Best Deal: Up to $1,500 off MSRP
  • MSRP: From $26,245
  • Passenger Capacity: Up to 5
  • MPG (City/Hwy): Up to 20/23
  • Expires: July 9, 2018

Why it's a top pick: In a world in which a $10,000 truck discount isn't special, we think this month's $1,500 rebate on the Tacoma is a deal that's actually worth being aware of.

The vehicle remains a hot seller and often features zero incentives to speak of. If you're a recent college graduate, you may be eligible for an extra $750 when taking out a loan through Toyota Financial.

Where you can find this deal: The featured deal is available in Gulf areas like Texas. In places like Los Angeles, Boston and Chicago, the amount is $1,000. Note that TRD Pro models are excluded. Get your custom quote »

Research all trucks with the biggest rebates »

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Prefer to lease? See the best lease deals this month »

, Senior Pricing Analyst

Alex Bernstein is the Senior Pricing Analyst for CarsDirect.com. Each month he studies immense volumes of pricing and incentives data in search of trends that are useful to car shoppers. In the process, he often breaks industry news stories -- his analyses and insights have been featured on websites such as Automotive News, The Detroit News, Autoblog, The Truth About Cars and The Car Connection.

Follow On: Google+ | Website